Accountants for the construction industry

Strategic accounting for construction businesses

Liston Newton Advisory
Liston Newton Advisory is rated 4.8 from 32 reviews

Free financial strategy session

Get a free 60-minute video consultation. See how it works.

*Offer subject to terms and conditions
By subscribing, you agree to our privacy policy
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
HomeIndustries

An award-winning Australian accounting firm

SMSF multi service firm of the year awardSMSF customer service firm of the year awardIfa innovator of the year awardIfa holistic adviser of the year award
Rear view of two business partners in hard hats looking at a large building under construction at a sunny site.

Financial and tax issues facing construction companies

Construction companies face complex and unique accounting needs driven by fluctuating cash flow, tax compliance, labour costs, and project-based billing. Without industry-specific construction accounting, business owners risk poor financial visibility, compliance issues, and reduced profitability.

  • Cash flow management issues caused by delayed payments and progress billing
  • Complex accounting, tax compliance, BAS, and tax returns across multiple construction projects
  • Poor job costing, forecasting, and financial reporting, reducing profitability

Construction accounting solutions built for your industry

Our specialised construction accountants deliver practical accounting solutions that help construction businesses stay compliant, profitable, and in control.

Tab 1

[120-400] Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qu.

Tab 1

[120-400] Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qu.

Financial growth and performance icon

Specialist construction accounting and tax services

We manage construction tax, contracts, and project costing to keep your finances accurate, compliant, and under control.

Learn more
Accounting dashboard and reports icon

Cash flow management and BAS for builders

We help manage progress payments, GST, and BAS to keep cash flow predictable across multiple projects.

Learn more
Payroll processing and salary payments icon

Payroll, superannuation, and subcontractor support

We manage payroll, superannuation, and contractor compliance to reduce risk and ensure everyone is paid correctly.

Learn more
Mobile accounting and payments icon

Bookkeeping systems and construction accounting software

We implement construction-ready systems to track job costs, margins, and performance in real time.

Learn more
Financial insights and strategic planning icon

Business advisory services for construction companies

We provide practical advice to improve profitability, manage risk, and support sustainable business growth.

Learn more

Construction accounting services backed by experience

Our construction accountants help businesses stay compliant with tax laws, industry regulations, and accounting obligations.

Our clients

subway logo
Pandora logo
Reho Travel logo
Autobarn logo
Bakers Delight logo

About Liston Newton Advisory  

We are a Melbourne-based accounting firm providing tailored construction accounting services to construction firms. Our business accountants understand tax laws, industry regulations, and audits, helping contractors and subcontractors stay compliant while making informed financial decisions.

Learn about us
Kieran Liston, Director | Consultant

Our service areas for construction accounting

Based in Melbourne, we support construction businesses across Australia with tailored accounting and advisory services.

Our approach to construction accounting

Our process combines accounting, financial advice, and tax planning to meet the unique needs of the construction sector.

Get set

We’ll begin by securing your existing business’s financials and optimising its operations.

Get moving

Then, we’ll put long-term strategies into play to maximise your business’s growth.

Get free

Finally, we’ll use your professional success to fund your personal wealth so that you can live the life you want.

Leverage accounting for the construction industry

Talk to us

Accounting guides for financial learning

Our guides help construction business owners understand accounting practices, tax regulations, and strategic planning. They’re designed to help you make informed decisions, meet regulatory compliance, and manage the challenges and opportunities within the construction industry.

  • Strategic tax planning guides to help businesses manage compliance and optimise outcomes
  • Practical accounting guides covering bookkeeping, reporting, and regulatory requirements
  • Advisory guides supporting financial clarity, Virtual CFO services, and growth planning

Feedback from our clients

Kieran Liston and the Liston Newton team have been assisting me with my accounting matters since 1976. For the past 47 years, Kieran and the Liston Newton team have provided reliable accounting assistance, which has allowed me to focus on my business in primary production.

Their exceptional service has consistently exceeded my expectations and made me feel that they truly care about my financial well-being.

Brian Downes

Liston Newton has given me really helpful guidance over the years for both my business and my personal finances. When you have an accounting team that you trust to give the right advice, it gives you the confidence to focus on growing your business and doing the things you love.

Kate Nixon
Founder, Kat The Label

Liston Newton helped us move our accounting over to Xero. Their Accountant managed the set up and training so we felt comfortable with the software. We now have all our processes streamlined which gives us improved visibility of our business performance. This has allowed us to open 2 more stores without a significant increase in administration effort.

Peter Luskan
Pandora

Meet our construction accounting specialists

Frequently asked questions about our tailored financial accounting

Do builders need a specialist accountant?

Yes. Accounting for the construction industry involves job costing, subcontractors, progress billing, and strict tax regulations. It’s essential that construction businesses work with tax accountants who understand industry-specific accounting practices and compliance.

Learn more about our Accounting & Tax services.

What tax rules apply to contractors?

Contractors in the construction sector may trigger obligations such as GST, PAYG withholding, superannuation, and TPAR reporting. The ATO applies specific tests to determine whether someone is a contractor or employee.

Do I need a bookkeeper as well?

Often, yes. The ATO states businesses must keep “records that explain all transactions” and support BAS and GST reporting. A bookkeeper helps maintain accurate records, while accountants and auditors oversee tax compliance and financial advice.

Our Digital Advisory services help align bookkeeping systems with reporting and tax needs.

How can accounting help maximise profits?

The ATO highlights the importance of understanding your business performance to meet tax obligations and plan effectively. Tailored financial accounting improves cash flow visibility, job margins, and tax outcomes.

Strategic tax planning and financial advice help construction firms respond to challenges and opportunities with confidence.

Our Business Advisory and Financial Advisory services support long-term profitability.

We help you grow your business

We are an accounting firm devoted to taking your businessto the next level

By subscribing, you agree to our privacy policy
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.